RBC Capital analyst Sean Dodge raised the firm’s price target on Phreesia to $26 from $22 but keeps a Sector Perform rating on the shares after its Q3 results and guidance raise. The company’s significant growth investments appear to be generating results with new logos, though there is still little evidence that average revenue-per-provider is stabilizing, the analyst tells investors in a research note.
Published first on TheFly
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- Phreesia price target raised to $37 from $33 at Piper Sandler
- Phreesia price target raised to $28 from $25 at DA Davidson
- Phreesia price target raised to $28 from $25 at Citi
- Phreesia upgraded to Outperform from Market Perform at SVB Securities
- Phreesia raises FY23 revenue to ‘at least $278M’, consensus $274.3M
